Investment Q&A

Q: Hello Folks:
We currently own Microsoft, Navidia and Amazon in the tech. sector. You have confidence in both Google and Navidia.
Would you think it prudent to switch Amazon for Google AND/ OR CSU.
What are your thoughts of holding Google, Navidia and CSU as my three primary tech. investments, or do you have other suggestions.
Thank you for your clear analysis of the markets.
brian

Q: Given recent weakness, what entry price would you recommend to initiate a position?

Thank you.

Q: Is CSU stock available as CDR?

Q: What would your top ~5 recommendations be to build an RESP with an 10-15 year horizon.
Had to sell all positions to live the account and have a good pile of free cash currently to redeploy. Not dissatisfied with prior holdings but creates a moment to consider best options currently

Q: For a 5-10 year hold within a TFSA could you please provide your top 10 Canadian stocks or CDR’s ranked by total return/compounding potential? For a non-registered account with a 3-5 year timeframe could you also do a top 10 list including both Canadian or US equities (no CDR’s), again ranked by total return/compounding potential? Thanks.

Q: Everyone, I understand that you do not invest in Canadian stocks, but if could give one Canadian stock to your grandchild what would it be? Clayton

Q: In a Presidents Letter several years ago, there was a detailed explanation of why organic growth was more valuable to the company than acquisition growth. In recent quarters organic growth was strong (4-5%) by historical standards. Of course no further information was provided. Do you have a sense of why organic growth has accelerated? Is it the influence of AI improving their businesses? Do you feel the higher organic growth rate is sustainable and if so should that lead to a rerating of the stock valuation?

Thanks.

Q: Looking at my TFSA for a medium to long term hold which should I buy, CSU or PRL?
Thanks for the service

Q: Would you recommend averaging into more CSU as it’s come way off its peak stock price set not long ago or do you think there’s more downside to come?

Thnx once again for the great service for us DIY investors!!

Q: I've owned and held CSU since subscribing with you years ago. I've considered buying this equity for my daughter's fund, growth oriented, and with the recent pullback think this may be an appropriate time. Or... are it's 'sister' companies even better considerations? What say you?

Q: My tech component of my portfolio is 43% and want to rebalance my portfolio so tech is about 33%. In tech CSU is 33% NVDA 20% Shop 15% Rest are about 6% to 8%. Is there 1 or 2 I should sell due to overlap? What should I do?
Also is there an argument that shopify fits into the consumer discretionary space?
Also am I missing a tech name?
Thanks take more credits if needed

Q: The dynamic of how business operates in the US has continued to change and there are now new creative
few structures being charged for international
business, most notably this week to American chip manufacturers for exporting to China. To what degree do you see potential for Canadian companies to be hamstrung for US operations in new creative ‘pay-to-play’ ways? It seems increasingly possible that anything is possible, especially where it doesn’t directly impact the US voter base.

Q: Thank you for your services.
I currently hold CSU in both my TFSA as well as both RESPs. I’m quite over weight overall. I’m looking to trim for position size comfort. Which account would you sell the shares in? Overall I have more in my combined RESPs

Thank you

Q: Hello,

For 5i, are these three companies still part of the “buy and forget” category?

Thanks

Q: Most of my investing style is focused on Canadian high quality compounders and the US market using ETFs. I have really tried to drill in my head that drawdowns of 20-30% happen quite frequently to quality compounders for no significant reason other than they can randomly occur. I try my best to ignore them and focus on the long term future. My biggest holdings are CSU, TOI, and LMN. Instead of focusing on the current drawdown, where do you see these companies in a 5-10 year time horizon? Will CSU be able to acquire as many companies? Will it compound as quickly as it has before. Do you feel that TOI and LMN will be that faster growers in the future compared to CSU. What is the possibility of future spin outs for CSU? So far the 2 spin outs have worked well and followed CSU’s acquisition and incentive playbook.

Q: What do you think about the concept of AI, with the corollaries of ‘vibe-coding’ and lowered barriers to software creation, affecting the above businesses?
I hear an increasing number of guests on CNBC and posts on X predicting the ‘death of SaaS’ because of this.
The above companies all benefit from perceived niche software, and charge fees that reflect this. Is niche software not going to be so hard to penetrate in the future by new, cheaper entrants?
And will this actually have to happen to affect the share prices of the above at some point, but just the expectation of it happening? Thx.

Q: Hello, I know 5i rate the above very highly but if only one could be purchased at these levels which one would you prefer and why, looking out 3-5 years. Thanks as always Anthony

Q: Worried about the bench strength in Csu. If Mark Leonard is no longer able to function as CEO would your opinion change. It is our Biggest holding for over 10 years.

Q: Hi, looks like CSU is dipping a bit here. Do you think today’s price at around $4250 present a good buying opportunity?

Q: Csu is down 14 percent in one month.
Would you be comfortable buying a full
position at this price or how would you play it?